NICE (NASDAQ:NICE - Get Free Report) released its quarterly earnings results on Thursday. The technology company reported $2.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.96 by ($0.71), Zacks reports. The firm had revenue of $721.60 million during the quarter, compared to analysts' expectations of $718.47 million. NICE had a return on equity of 15.31% and a net margin of 16.11%. NICE updated its FY 2025 guidance to 12.130-12.330 EPS and its Q1 2025 guidance to 2.780-2.880 EPS.
NICE Trading Up 1.2 %
Shares of NICE stock traded up $1.80 during trading on Friday, hitting $155.39. 1,391,999 shares of the stock traded hands, compared to its average volume of 598,518. NICE has a 52-week low of $147.38 and a 52-week high of $270.73. The stock's fifty day simple moving average is $170.08 and its 200 day simple moving average is $172.91. The firm has a market cap of $9.77 billion, a P/E ratio of 24.05, a price-to-earnings-growth ratio of 1.25 and a beta of 1.06.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on NICE shares. Northland Securities cut their price objective on shares of NICE from $275.00 to $250.00 and set an "outperform" rating for the company in a research report on Friday, November 15th. Rosenblatt Securities decreased their price objective on NICE from $225.00 to $200.00 and set a "buy" rating on the stock in a research note on Friday. Royal Bank of Canada decreased their target price on shares of NICE from $260.00 to $200.00 and set an "outperform" rating on the stock in a research note on Friday. Cantor Fitzgerald dropped their price target on shares of NICE from $176.00 to $161.00 and set a "neutral" rating for the company in a research report on Friday. Finally, Oppenheimer downgraded shares of NICE from an "outperform" rating to a "market perform" rating in a research report on Friday, November 15th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, NICE presently has a consensus rating of "Moderate Buy" and a consensus price target of $239.60.
Read Our Latest Analysis on NICE
About NICE
(
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NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
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